Independent journal on economy and transport policy
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Increase of the semiannual economic performances of Chinese OOIL
In the first half of the 2019 fleet of portacontainer of the OOCL it has transported 3,37 million teu (+3.2%)
August 26, 2019
The group Orient Overseas (International) Ltd. (OOIL) of Hong Kong, that Chinese COSCO Shipping Holdings is under responsibility of and that work mainly services of containerized marine transport and logistic and terminalistiche activities correlated through the branches Orient Overseas Container Linens (OOCL) and OOCL Logistics, have closed the first semester of this year with revenues pairs to 3,30 billion dollars, in increase of +6.0% on the first half of 2018. The increment of the operating costs, pairs to 2,90 billion dollars), has turned out more contained attesting itself to +1,0%. The operating profit is piled to 198,3 million dollars (+292.3%) and the profit clearly to 139,0 million dollars respect to a net loss of -10,3 million dollars in the first six months last year.
In the first semester of the 2019 fleet of portacontainer of the group it has transported cargo volumes pairs to 3,37 million teu (+3.2%), of which 1,50 million teu transported on the routes intra-Asians and with Australasia (+2.6%), 944 thousand teu on transpacifiche routes (- 2.0%), 692 thousand teu on the routes Asia-Europe (+14.5%) and 318 thousand teu on the routes ocean-going liners (- 0.7%). OOIL has announced that in the first six months of this year the average cost of the bunker has turned out of 441 dollars/ton, with an increase of +9.4% respect to a cost of the fuel of 403 dollars/ton in the first half of 2018.
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The group Orient Overseas (International) Ltd. (OOIL) of Hong Kong, that Chinese COSCO Shipping Holdings is under responsibility of and that work mainly services of containerized marine transport and logistic and terminalistiche activities correlated through the branches Orient Overseas Container Linens (OOCL) and OOCL Logistics, have closed the first semester of this year with revenues pairs to 3,30 billion dollars, in increase of +6.0% on the first half of 2018. The increment of the operating costs, pairs to 2,90 billion dollars), has turned out more contained attesting itself to +1,0%. The operating profit is piled to 198,3 million dollars (+292.3%) and the profit clearly to 139,0 million dollars respect to a net loss of -10,3 million dollars in the first six months last year.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
